HLB International is represented in The Bahamas by HLB Galanis & Co, which specialises in accounting, audit & assurance, business valuations, consulting services, corporate finance, corporate services, forensic accounting and litigation support and testimony.
Bahamas Signs on for OECD Exchange of Information and BEPS Initiative
The Bahamas has joined the OECD Multilateral Competent Authority Agreement on Automatic Exchange of Information Agreement, which aims to implement the automatic exchange of financial account information pursuant to the OECD/G20 Common Reporting Standard (CRS), and to deliver the automatic exchange of CRS information between 101 jurisdictions by 2018.
Further, the Bahamas has joined the inclusive framework for the global implementation of the Base Erosion and Profit Shifting (“BEPS”) Project. Under this framework, all state and non-state jurisdictions that commit to the BEPS Project will participate as BEPS Associates of the OECD's Committee on Fiscal Affairs.